What Is a Credit Union?

A Credit Union is a member-owned, not-for-profit, cooperative financial institution, formed to permit those in the field of membership to pool their savings, lend to one another, and own the organization where they save, borrow, and obtain related financial services. Since Credit Unions exist solely to serve their member-owners, you can be assured of great rates on your savings investments and competitively priced, low interest rates on your loans.

Credit unions are meeting the financial needs of people all over the world. In fact, nearly 82 million people nationally belong to 9,964 credit unions, reaching over one-third of the nation's population. Credit unions are for everyone, but not everyone can belong to a given credit union. The members of each credit union must share a "common bond," such as being employed at the same workplace, belonging to the same church or fraternal organization, or living in the same neighborhood. Some credit unions serve an entire community. Others serve several employee groups. Click on "Who Can Join APCU" now to see if you are eligible to join Atlanta Postal Credit Union.